Stock markets are expected to open flat on Friday, as all eyes are on the RBI meeting outcome on rates. The newly appointed Governor, Sanjay Malhotra, is expected to announce the committee’s decision ...
A hundred days on from the Budget, the Bank slashed its prediction for UK growth this year by half, to just 0.75 per cent, ...
THE Bank of England yesterday lowered interest rates from 4.75 per cent to 4.5, while halving its growth forecasts amid fears ...
We spoke to Bank of England governor Andrew Bailey and started by asking whether close to zero growth and rising prices are the very definition of stagflation.
The weak outlook underlines the challenge facing chancellor Rachel Reeves after she pledged that growth was the government’s number one mission. It raised fresh questions about the fiscal outlook, ...
The central bank cut rates for the third time in about six months as it said economic growth had been weaker than expected.
Rachel Reeves has been put on notice after “putrid” economic growth forecasts were slashed. The Bank of England halved its ...
The PA news agency looks at the outcome of the Bank of England’s decision, and whether rates will fall again soon.
If tariffs are announced, their effect on the global economy and inflation would need to be looked at, he told CNBC’s Steve ...
Alongside cutting interest rates by 25 basis points, the Bank of England halved the UK's expected growth rate in 2025.
Pain for the UK government as BoE cuts growth forecasts but raises its estimates for inflation. The Bank of England cut interest rates again on Thursday, slashing its growth forecast for the year ...
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